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becoming the world's second largest economy. >> red china's battle plan. >> but back then the idea of a rapprochement with china would have been rejected as pure fantasy. china was a communist regime that had been fighting america and its allies across the globe. how did the decision come about in the midst of such intense opposition? what were the internal maneuverings that paved the way, the secret dealings that made it actually happen? who better to ask than the man himself, dr. henry kissinger. this is what the world looked like when you enter into the white house with richard nixon. the united states has had no relations with china. we have been implacably opposed to this regime. we fought against them, american soldiers died in the korean war fighting the chinese, we fought them indirectly in vietnam. we recognized taiwan as the republic of china, and you come into office and within three years you open relations to china, agree to withdraw american troops from taiwan. what made you make that decision? >> the conviction was that a country of the magnitude of china could not be k
becoming the world's second largest economy. >> red china's battle plan. >> but back then the idea of a rapprochement with china would have been rejected as pure fantasy. china was a communist regime that had been fighting america and its allies across the globe. how did the decision come about in the midst of such intense opposition? what were the internal maneuverings that paved the way, the secret dealings that made it actually happen? who better to ask than the man himself, dr....
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Jan 1, 2013
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they ignored the republican threats about a failing economy. the republicans wanted to kill organized labor. in 2012, they may have given it new life instead. here is someone who has been with us all yearlong covering workers' issues. joining me tonight, john nichols, washington correspondent of "the nation" magazine. john, it has been a very eventful year when it comes to labor. has labor been emboldened by the obama victory in november? and is there really been a new stage set for what they can accomplish? >> i think so. i think labor changed over the last year and a half, and especially over the last year. one of the things is that it is safe to say that a lot of unions, not all of them, but a lot were on autopilot. they had a sense of how politics worked. they had a sense of how government worked, and they fit into that. what happened in wisconsin and in ohio in 2011 forced unions to start to rethink, to start to recognize that there really were powerful forces that were out to get them. that made an awfully lot of unions, teachers unions,
they ignored the republican threats about a failing economy. the republicans wanted to kill organized labor. in 2012, they may have given it new life instead. here is someone who has been with us all yearlong covering workers' issues. joining me tonight, john nichols, washington correspondent of "the nation" magazine. john, it has been a very eventful year when it comes to labor. has labor been emboldened by the obama victory in november? and is there really been a new stage set for...
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Dec 28, 2012
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and we've got to do something about the rising percentage of our national economy that's being taken up by the cost of our unfunded government programs. we need to find a way to contain the rising cost of health care because that is the number one cause of our fiscal and debt problem and it's not going away. so it looks like 2013's going to be real. it's going to deal with issues of peace and war, issues of national identity, issues of personal security, especially for our young. think it's not at your peril. say it and you're part of the problem. and that's "hardball" for now. thanks for being with us. we have a happy and safe new year out there. "the ed show" with ed schultz starts right now. >>> good evening, americans. welcome to "the ed show." i'm michael eric dyson, in for ed schultz. breaking news from washington tonight. nbc news has confirmed that the president will host a meeting with all four congressional leaders at the white house tomorrow. this could be their last chance to get something done before we go over the cliff. this is "the ed show." and as ed would say, let's
and we've got to do something about the rising percentage of our national economy that's being taken up by the cost of our unfunded government programs. we need to find a way to contain the rising cost of health care because that is the number one cause of our fiscal and debt problem and it's not going away. so it looks like 2013's going to be real. it's going to deal with issues of peace and war, issues of national identity, issues of personal security, especially for our young. think it's not...
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Dec 30, 2012
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they believe that the economy grows best from the middle class out. and at a certain point, you know, it is very important for republicans in congress to be willing to say we understand we're not going to get 100%. we are willing to compromise in a serious way in order to solve problems as opposed to being worried about the next election. >> you said that republicans have a hard time saying yes, particularly to you. >> yes. >> what is it about you, mr. president, that you think is so hard to say yes to? >> that's something that you're probably going to have to ask them, because, david, you follow this stuff pretty carefully. the offers that i've made to them have been so fair that a lot of democrats get mad at me. i mean, i offered to make some significant changes to our entitlement programs in order to reduce the deficit. i offered not only $1 trillion -- over $1 trillion in spending cuts over the next ten years, but these changes would result in even more savings in the next ten years and would solve our deficit problem for a decade. they say that t
they believe that the economy grows best from the middle class out. and at a certain point, you know, it is very important for republicans in congress to be willing to say we understand we're not going to get 100%. we are willing to compromise in a serious way in order to solve problems as opposed to being worried about the next election. >> you said that republicans have a hard time saying yes, particularly to you. >> yes. >> what is it about you, mr. president, that you...
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Dec 29, 2012
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but let's make sure that middle class families and the american economy and, in fact, the world economy, aren't adversely impacted because people can't do their jobs. >> this from a president who is incurably optimistic. for him to be modestly optimistic, that says something. that means the 11th hour is here. will last-minute action be enough to avoid a fiscal cliff? to avoid a cliff dive? get your cell phones out. i want to know what you think. tonight's question, in light of the president's remarks, will a fiscal cliff deal get done? text "a" for yes, text "b" for no to 622639 or go to our bloblog at ed.msnbc.com. i'll bring you the results later in the show. joining me now is sheldon whitehouse from rhode island. thank you for joining us. >> thank you for having me. >> sir, this is serious, this is even dire. are you encouraged by the meeting today and the president's remarks in the aftermath of that meeting? >> well, i think that the decision to move the forum for the negotiations to the senate was a necessary one. i have a lot of confidence in harry reid's negotiating ability. mitc
but let's make sure that middle class families and the american economy and, in fact, the world economy, aren't adversely impacted because people can't do their jobs. >> this from a president who is incurably optimistic. for him to be modestly optimistic, that says something. that means the 11th hour is here. will last-minute action be enough to avoid a fiscal cliff? to avoid a cliff dive? get your cell phones out. i want to know what you think. tonight's question, in light of the...
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Jan 2, 2013
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that will hurt the economy. he got his tax increase, but he can't claim republican fingerprints on his tax increase. >> let's wait a second. we're not living in the alice in wonderland world here, it's literally a tax increase. rates are up. >> what happened yesterday was all the tax rates went up and then the republicans and the congress together took them down for some people, not for everybody. there was an automatic tax increase, a whole series of tax increases, which were then countermanded in a second bill. here's the good news, the tax rates that we have now and the deductions and credits are all made permanent, okay, so we never end up with this topsy-turvy situation, and this is where the president is in an interesting position, the one clout he had was this threat to raise taxes on everyone and republicans gave some of what he wanted and couldn't take everything back off the table in terms of protecting taxpayers, but that's gone. so now there are three things apping. one, you've got the sequester, whi
that will hurt the economy. he got his tax increase, but he can't claim republican fingerprints on his tax increase. >> let's wait a second. we're not living in the alice in wonderland world here, it's literally a tax increase. rates are up. >> what happened yesterday was all the tax rates went up and then the republicans and the congress together took them down for some people, not for everybody. there was an automatic tax increase, a whole series of tax increases, which were then...
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>> well, the financial services is part of the economy, as well as the economy more broadly wants to avoid the cliff. we don't want a howard dean scream as the country bungee jumps into the cliff. >> a low. >> you might need one. i was right then, and i'm right now. >> but to answer your question, seriously -- and thank you, governor dean for your good sense of humor. >> thank you, tim. >> -- you've got to have moments in politics, you've got to have people get their backs up against the wall to do something big but you don't want to overplay your hand. >> aren't republicans playing with fire? >> speaker boehner came out early, jonathan, and said, look, i'll raise revenues and also increase the debt ceiling. in that moment there was a signal that perhaps a bigger deal could have been done and then it fell apart but there was an acknowledgement that the debt ceiling would go up by speaker boehner. there was an acknowledgement that revenues would go up by speaker boehner, so the one wing of the plane you feed to fly over the cliff was being constructed pretty nicely on that side, but t
>> well, the financial services is part of the economy, as well as the economy more broadly wants to avoid the cliff. we don't want a howard dean scream as the country bungee jumps into the cliff. >> a low. >> you might need one. i was right then, and i'm right now. >> but to answer your question, seriously -- and thank you, governor dean for your good sense of humor. >> thank you, tim. >> -- you've got to have moments in politics, you've got to have people...
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Dec 31, 2012
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but it could impact the economy too. beyond that another big impact on the economy, what about job loss in the private sector? think about all the companies out there that supply services or goods to the federal government? if sequestration sets in, many of them will not have the business they had before. that's going to have another big impact. and even if you don't work for the government or work for the government in some fashion in private industry, you still may be effected because of huge delays that could come into the system. and in this case, time really is money. you're talking about delays getting on airplanes because there may not be enough people to check you in. delays on your tax returns because there may not be enough people in the irs to check you out. there could be all sorts of issues that could ripple through the entire economy out here. so those are the real impacts that all of us could feel from sequestration. the problem, though, for republicans to say yes. but the reason sequestration was put into
but it could impact the economy too. beyond that another big impact on the economy, what about job loss in the private sector? think about all the companies out there that supply services or goods to the federal government? if sequestration sets in, many of them will not have the business they had before. that's going to have another big impact. and even if you don't work for the government or work for the government in some fashion in private industry, you still may be effected because of huge...
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Jan 3, 2013
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to have a fight over that is to say the united states should throw the economy of the world into catastrophe. that should not happen. in order to avoid that disaster since the republicans are trying to use the debt ceiling to bl k blackmail the country say by saying it's a nice economy, pity to blow it up if you have don't pay our ran sam. dr ran some. -- ransom. >> you just said there should not be a fight over the debt ceiling but will there be? is there anything about the history of this issue that suggests there won't be a fight? >> there will be a fight unless the president takes it off the table by invoking his ability to say i'm going to ignore the debt ceiling when and if it -- when and if it says that we can't pay the bills that are lawfully incurred because that would violate the 14th amendment. if the president is willing to invoke the 14th amendment, he can take it off the table. the republicans would yell and scream but he's has the right to invoke the 14th amendment and the republicans can take it to court. >> we're going to bring in our panel. hi, guys. good to see you all. >>
to have a fight over that is to say the united states should throw the economy of the world into catastrophe. that should not happen. in order to avoid that disaster since the republicans are trying to use the debt ceiling to bl k blackmail the country say by saying it's a nice economy, pity to blow it up if you have don't pay our ran sam. dr ran some. -- ransom. >> you just said there should not be a fight over the debt ceiling but will there be? is there anything about the history of...
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Dec 27, 2012
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economy: home prices post their biggest advance in two years. that and more tonight on "n.b.r."! christmas may be over, but the holiday shopping season continues.
economy: home prices post their biggest advance in two years. that and more tonight on "n.b.r."! christmas may be over, but the holiday shopping season continues.
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Dec 29, 2012
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it helps the economy. cutting that off, all at once, means you take that money out of an economy, just beginning to get back on its feet. earlier this year, the congressional budget office looked at the economic impact of unemployment insurance. they found extending unemployment benefits would increase economic growth by as much as half a percentage points. that's big in a year when 3 or 3.5 would be a good number. so, a, it is great for the economy, unemployment benefits. it is the stimulative thing built into the system. and b, well, b is the part that is even a little harder to stomach. in the great history of this country, we have never before discontinued federal unemployment benefits when the unemployment rate was above 7.3%. right now that rate is 7.7%. this would kind of be a grand experiment we are trying on the unemployed. let's just kick them off unemployment insurance in an economic environment where we've historically never done that before. then let's see what happens. but, you know, what, it
it helps the economy. cutting that off, all at once, means you take that money out of an economy, just beginning to get back on its feet. earlier this year, the congressional budget office looked at the economic impact of unemployment insurance. they found extending unemployment benefits would increase economic growth by as much as half a percentage points. that's big in a year when 3 or 3.5 would be a good number. so, a, it is great for the economy, unemployment benefits. it is the stimulative...
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Jan 2, 2013
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that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward that, it is possible if we focus not on our politics but what's -- but on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bit less brinksmanship, not scare the heck out of folks quite as much. we can come together as democrats and republicans to cut spending and raise revenue in a way that reduces our deficit, protects the middle class and provides ladders into the middle class for everybody who is willing to work hard. we can set this will debate or at the very least into the allow it to be so all consuming all the time that it stops us from meeting a host of other challenges that we face, creating jobs, boosting incomes, fixing our infrastructure, fixing our immigration system, protecting our planet from the harmful effects of climate change
that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward that, it is possible if we focus not on our politics but what's -- but on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bit less brinksmanship, not scare the heck out of folks quite as much. we...
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Jan 2, 2013
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we are still in a 2% growth economy. i hope that's not a political chicken in february or march. kargd the payroll tax cuts, neither side was fighting for those. even nancy pelosi said a while back she didn't want to vote to extend because of the long-term impact. taking a back to the debt ceiling fight, when i think back to the summer of 2011, the new republican congress had been sworn in and tea party fever was in full bloom. a bunch of people were new to governing and wanted to prove how tough they were and how out there and pure they were. i think we are in a different place now. we have just seen really republicans sort of gazed over the brink of the cliff and pulled back and allowed the bill to come to a vote. allow it to pass without a majority so to speak. i was wondering, you specialize in economics, if you can lay out what the catastrophic consequences of not raising the debt ceiling are, we sort of lost in this debate how objectionable it really is to hole the nation hostage in that regard over raising the debt ceiling. can you spell it out what it mean fist we default
we are still in a 2% growth economy. i hope that's not a political chicken in february or march. kargd the payroll tax cuts, neither side was fighting for those. even nancy pelosi said a while back she didn't want to vote to extend because of the long-term impact. taking a back to the debt ceiling fight, when i think back to the summer of 2011, the new republican congress had been sworn in and tea party fever was in full bloom. a bunch of people were new to governing and wanted to prove how...
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the economy was a huge driver of the conversation this year. and one of our most compelling discussions was with harvard business school professor, michael porter, whose new project aims to help american companies compete on the global stage. >> michael porter still teaches, he's, like, iconic. but i'm, like, a little person. he's a big deal. so now i'm at the table with him. >> professor. >> this is, like, wow! >> you wept to harvard business school? i would have never guessed. >> i know. >> keep it low. keep it low. >> not that there's anything wrong. not that there's anything wrong. >> yeah. very good to have you. >> on u.s. competitiveness, where do you come down on this? >> well, gosh, i hate to be -- >> you're going to be debbie downer, aren't you? >> -- off cycle, but this issue is actually way down the list in terms of the problems facing the american economy. harvard business school took on, about a year ago, a major initiative to really take a deep look at the u.s. economy, how we were doing, how we could explain the problems we're fa
the economy was a huge driver of the conversation this year. and one of our most compelling discussions was with harvard business school professor, michael porter, whose new project aims to help american companies compete on the global stage. >> michael porter still teaches, he's, like, iconic. but i'm, like, a little person. he's a big deal. so now i'm at the table with him. >> professor. >> this is, like, wow! >> you wept to harvard business school? i would have never...
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and it all has to do with the state of the economy. and it all has to do with politics, and it's like one speed bump after another, when you think of it. i was talking to an aide to the republican leadership in the senate today, who said, look, we might not even get to think about what the president calls his agenda, until june at the earliest. so you're talking about issues like tax reform, which everybody has been talking about, lots of questions now about whether the air has gone out of the balloon on that one, because they've done some tax changes. immigration reform, whether you're ever going to be able to get republicans and democrats together on that one. if there's a lot of bad blood, and we assume lots will be spilled, going through the rest of these fiscal issues. >> and you wrote about it in another one of your great columns, your most recent column for cnn, about who's to blame, really, for where we are. it was very interesting. i want to read to our viewers in part what you said. "republicans are divided, engaged in outrig
and it all has to do with the state of the economy. and it all has to do with politics, and it's like one speed bump after another, when you think of it. i was talking to an aide to the republican leadership in the senate today, who said, look, we might not even get to think about what the president calls his agenda, until june at the earliest. so you're talking about issues like tax reform, which everybody has been talking about, lots of questions now about whether the air has gone out of the...
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probably because of the economy. it's from the american college and sports medicine, weight training. you don't have to go to a gym. >> you don't have to leave your house. >> that's why things like p90x, they are self-contained. >> some of the things that you buy, the dvds and stuff, you need a little bit of equipment but body weight training, you don't. expect more toys made in america. there is a website that points to new technologies like 3-d printing and more websites are manufacturing things based on your order. they are very hopeful that we'll see more products made in america. tell us what you think. facebook, twitter, and we'll share those things with you. >> thank you, josh. appreciate it. >> we are a few minutes away from the top of the hour and candy crowley is here with a preview. >> don, around this time of the year, really slow, not so much this year. every day -- you know how you count down to christmas, now we're counting down to the fiscal cliff. we'll be talking a lot about that today, including th
probably because of the economy. it's from the american college and sports medicine, weight training. you don't have to go to a gym. >> you don't have to leave your house. >> that's why things like p90x, they are self-contained. >> some of the things that you buy, the dvds and stuff, you need a little bit of equipment but body weight training, you don't. expect more toys made in america. there is a website that points to new technologies like 3-d printing and more websites are...
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it would cripple the economy, send markets into the tail spin. that could hit retimer savings or anything you have in the marketplace plus it would make it more difficult for bangs the give out loans for things you're looking to get like cars or student loans. pile on top of that government benefits. i'm talking about social security checks and military payments. who could forget what happens when lawmakers raised the debt ceiling last summer but not until the last minute. that caused a credit downgrade for the u.s. and a huge selloff for the market. the thing is, suzanne, it could come down to the wire once again, yet another nail-biter. suzanne? >> a >>al >> alison, it could cause a ripple effect. >> yeah, but the markets won't take that well. it's more of the saving kick the can down the road. if there's band-aid measure that goes in, that's not what the market is going to necessarily see. they want to see something stronger with the if is cal cliff and the debt ceiling as well and it seems that everything is sort of being held hostage in the
it would cripple the economy, send markets into the tail spin. that could hit retimer savings or anything you have in the marketplace plus it would make it more difficult for bangs the give out loans for things you're looking to get like cars or student loans. pile on top of that government benefits. i'm talking about social security checks and military payments. who could forget what happens when lawmakers raised the debt ceiling last summer but not until the last minute. that caused a credit...
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was injustices against the reigning government and you had to deal with the causes and build up the economy and make the government more legitimate, this is something that the conventional army had no interest in doing whatsoever until he came along and changed that. >> five years from now when we look back an the whole operation in iraq going back to march 2003 when the u.s. went in and got rid of saddam hussain and got out will this have been worth it for the united states? >> the whole point of the surge and the shift to the insurgency strategy both of which he maneuvered into being, this was to give the iraqi government some breathing space. this was to give them an opportunity to work out their own politics. if it turns out that the iraqi government has no interest in reconciling with sunnis, for example, and they have no interest in working out a division of oil revenue or working out property divisions, then it might have all been for naught because it worked tactically but the strategic purpose of the war may go down the drain. >> and if iraq becomes a strategic ally of iran that is
was injustices against the reigning government and you had to deal with the causes and build up the economy and make the government more legitimate, this is something that the conventional army had no interest in doing whatsoever until he came along and changed that. >> five years from now when we look back an the whole operation in iraq going back to march 2003 when the u.s. went in and got rid of saddam hussain and got out will this have been worth it for the united states? >> the...
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Dec 31, 2012
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with a turbo-charged ecoboost engines and a hybrid that doubles the fuel economy of the average vehicle. it's an entirely new idea of what a car can be. captioning funded by cbs, and ford-- built for the road ahead. captioned by media access group at wgbh access.wgbh.org you know what you got there, barrett? nope. each phantom operative was tagged with a microchip, giving them access worldwide to the watcher database. ej, who told you to come here tonight? i thought you did. (gunfire) so, who'd you shoot, agent dinozzo? tony: i need your help. i don't know. can't remember any of it. stratton: special agent gibbs? agent stratton, fbi. vance: gentlemen, i intend to find out who casey stratton really is. bureau doesn't know. we got stills from hospital security, but he hasn't turned up on any database. your girl's still missing? unfortunately. find agent barrett. child abuse is what it is. no more junk food at my house.
with a turbo-charged ecoboost engines and a hybrid that doubles the fuel economy of the average vehicle. it's an entirely new idea of what a car can be. captioning funded by cbs, and ford-- built for the road ahead. captioned by media access group at wgbh access.wgbh.org you know what you got there, barrett? nope. each phantom operative was tagged with a microchip, giving them access worldwide to the watcher database. ej, who told you to come here tonight? i thought you did. (gunfire) so, who'd...
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the economy's growing. but sustaining that trend is going to require elected officials to do their jobs. >> o'brien, as we mentioned, you're there deep in the heart of texas. how are people reacting to all of this outside of the beltway? >> you know, martin, there's a real sense of frustration, frustration with the washington process, frustration with the political process, and you know, folks are looking to blame someone if this doesn't work if we indeed go over that cliff. we're seeing that one party may be getting more of the lion's share of the blame than the other. >> and it's clear that the public is very worried about this. here's what people told us in our poll, if we can take a look at that. i mean, it's basically 70% of the public here, very concerned and 28%, kind of a no-brainer here. where is the give and take in this process? >> well, one of the things that the american public are looking to washington for is a sense of compromise. they know you've got the senate -- the ball's in the senate's
the economy's growing. but sustaining that trend is going to require elected officials to do their jobs. >> o'brien, as we mentioned, you're there deep in the heart of texas. how are people reacting to all of this outside of the beltway? >> you know, martin, there's a real sense of frustration, frustration with the washington process, frustration with the political process, and you know, folks are looking to blame someone if this doesn't work if we indeed go over that cliff. we're...
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our economy can't afford it. today it appears that an agreement to prevent this new year's tax hike is within sight. it's not done. there are still issues left to resolve, but we're hopeful that congress can get it done. it's not done. so part of the reason that i wanted to speak to all of you here today is to make sure it that we emphasize to congress and that members of both parties understand that all across america this is a pressing concern on people's minds. now, the potential agreement that's being talked about would not only make sure the taxes don't go up on middle class families, it also would extend tax credits for families with children. it would extend our tuition tax credit that's helped millions of families pay for college. it would extend tax credits for clean energy companies that are creating jobs and reducing our dependence on foreign oil. it will extend unemployment insurance to 2 million americans who are out there still actively looking for a job. i have to say that ever since i took office,
our economy can't afford it. today it appears that an agreement to prevent this new year's tax hike is within sight. it's not done. there are still issues left to resolve, but we're hopeful that congress can get it done. it's not done. so part of the reason that i wanted to speak to all of you here today is to make sure it that we emphasize to congress and that members of both parties understand that all across america this is a pressing concern on people's minds. now, the potential agreement...
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creating jobs and getting this economy turned around. this is one of the first things that we have to do so we can move on aggressively towards that. >> bottom line, house republicans are meeting right now. they've just started a second meeting of the day. what do you anticipate will happen tonight? >> you know, i said earlier today, predicting what this group of republican and the house members will do is it certainly a challenge. i know that if -- from working with them as many years as i have, i know there are enough responsible republicans that there would be enough democrats and republicans that would pass that bill and send it to the president so we can prevent 98% of americans from having their tacks increased and we could get a handle on the deficit reduction problem. >> you think there's a disagreement between john boehner and eric cantor? >> you know, i don't know the internal workings of the republican leadership. it's hard for me to kpacharactee what this is. i know that they have tea partyiers in their conference that are se
creating jobs and getting this economy turned around. this is one of the first things that we have to do so we can move on aggressively towards that. >> bottom line, house republicans are meeting right now. they've just started a second meeting of the day. what do you anticipate will happen tonight? >> you know, i said earlier today, predicting what this group of republican and the house members will do is it certainly a challenge. i know that if -- from working with them as many...
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Jan 2, 2013
01/13
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the economy remains in the tank. you went after mitt romney today about his work at bain capital. you called him a greedy wall street so and so. was that the most sensible position calling him a vulture? should you be on that side of the client given that you are a successful texas governor and a good businessman yourself? if mitt romney now wins the nomination, haven't you just landed barack obama a perfect stick to beat him with? >> there is a real difference between a venture-capital list and a culture capitalist, then to capitalists are good, they go and and inject their capital. they create jobs. thing capital appears to me were vulture capitalists are all too often. i don't get confused for a minute that barack obama and his team wouldn't attack mitt romney on that during a general election if he makes it that way. if nothing else we are doing him a favor by exposing him early on so that he can neither figure out how to defend that or more portly, and better for my perspective, he is not the nominee to begin with. >> rush limbaugh did call a loss to the prostitute for wantin
the economy remains in the tank. you went after mitt romney today about his work at bain capital. you called him a greedy wall street so and so. was that the most sensible position calling him a vulture? should you be on that side of the client given that you are a successful texas governor and a good businessman yourself? if mitt romney now wins the nomination, haven't you just landed barack obama a perfect stick to beat him with? >> there is a real difference between a venture-capital...
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Dec 30, 2012
12/12
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KPIX
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so the characterization is that we're-- what we're wanting to do is to make sure we have a dynamic economy, and i have no problems -- i've been out there for a long time with saying those that are making more ought to contribute more. but where does the money and g? and what do do you with the money? do you do something with the money that will actually get us further down the road and fix our ultimate long-term problem, which is we're bankrupt. and we went off the cliff two years ago when we covered 90% of our debt to g.d.p. and by the way, if you look at it the way of other country, our debt to g.d.p. is 120%, not 90%, not 100%, it's 120%. one last fact it's average greek citizen debt for their country is 36,000. we're at 51,000 per person in this country. we're becoming greece, and we have a government that we're willing to pay the taxes for 65% of the cost of it. we need to change that. we need both, both-- we need to do both. >> o'donnell: i'm flawed brought thaglad you brought that up. we're not even there. we're just dealing with this little short-term patch that you can't even get
so the characterization is that we're-- what we're wanting to do is to make sure we have a dynamic economy, and i have no problems -- i've been out there for a long time with saying those that are making more ought to contribute more. but where does the money and g? and what do do you with the money? do you do something with the money that will actually get us further down the road and fix our ultimate long-term problem, which is we're bankrupt. and we went off the cliff two years ago when we...
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Dec 26, 2012
12/12
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KQED
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and, unfortunately, we didn't make the fuel economy on either car. what we want to communicate to you guys is how proud we are of you. the adults are really proud of each other. we've had a wonderful time working on this project. and really, really at the end of the day, this is an educational experience. and every single adult here has pulled ann and i aside and told us how impressed they are with you and what an incredible experience this is. you know, as a teenager, you might not realize everything that you've learned. but looking back on it, you will. and so for that, we're really proud. >> folks haven't heard the last of west philly. you know, we still... we still got more to do. just because we may not be in the x prize competition until the end doesn't mean we can't continue to the end to reach that 100 mile per gallon ratio and then put it in front of everybody and say, "we still were able to accomplish what we set out to do." >> and i wanna tell you something, one little, quick little blurb. you all heard me say how respect isn't given away,
and, unfortunately, we didn't make the fuel economy on either car. what we want to communicate to you guys is how proud we are of you. the adults are really proud of each other. we've had a wonderful time working on this project. and really, really at the end of the day, this is an educational experience. and every single adult here has pulled ann and i aside and told us how impressed they are with you and what an incredible experience this is. you know, as a teenager, you might not realize...
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Dec 31, 2012
12/12
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the economy started to work. everyone thinks it is oil prices. no. it is oil price, one element, is important. but also how government and how leadership of the country work together in order to make rules and circumstances for the growth and also for young people to get jobs, for example. look at spain now. the word is at 50% of young people on unemployment. >> rose: that is the number. >> it's terrifying, correct. >> rose: yes so then at 25 you don't know how every second, young professional doesn't know where he will work. so russia does maybe a little bit better than average in europe. with human rights, well, the stories get famous, they even get more famous than the killing of miners in south africa which amazes me in the modern world. >> rose: you mean the story does get a lot of attention. but there were even medvedev thought, had some question about how long they should be in prison. >> i think they should not even talk about seven years, that's ridiculous. >> rose: i mean your friend, the president could stop this in a second. >> well, i do
the economy started to work. everyone thinks it is oil prices. no. it is oil price, one element, is important. but also how government and how leadership of the country work together in order to make rules and circumstances for the growth and also for young people to get jobs, for example. look at spain now. the word is at 50% of young people on unemployment. >> rose: that is the number. >> it's terrifying, correct. >> rose: yes so then at 25 you don't know how every second,...
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Dec 31, 2012
12/12
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that would hurt our economy badly. we can get that done. democrats and republicans both say they don't want taxes to go up on middle class families. that's something we all agree on. if we can get that done, that takes a big bite out of the fiscal cliff. it avoids the worst outcomes. and we're then going to have some tough negotiations in terms of how we continue to reduce the deficit, grow the economy and create jobs. >> if the fight comes back -- i want to ask you specifically about entitlements, medicare and social security, are you prepared in the first year of your second term, to significantly reform those two programs, to go beyond the cuts you've suggested to benefits in medicare, which your own debt commission suggested you'd have to do if you were really going to shore up medicare at least. are you prepared to do that in your first year of the second term? >> what i've said is i'm prepared to do everything i can to make sure that medicare and social security are there not just for this generation but for future generations. >> you
that would hurt our economy badly. we can get that done. democrats and republicans both say they don't want taxes to go up on middle class families. that's something we all agree on. if we can get that done, that takes a big bite out of the fiscal cliff. it avoids the worst outcomes. and we're then going to have some tough negotiations in terms of how we continue to reduce the deficit, grow the economy and create jobs. >> if the fight comes back -- i want to ask you specifically about...
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Jan 2, 2013
01/13
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, but the world economy, and house republicans are very much aware of this. i spoke to a number of house republicans who are very close to leadership and they kept reiterating they shed too much blood on this tax hike, but they are preparing their powder for this debt limit. the idea president obama is not going to negotiate over it, i think, is going to be very difficult, because house republicans see this as their trump card. they are willing to bring the president, bring the economy as close to the edge, as close to the knees, as they can in exchange for spending cuts. boehner has this rule he very much believes in. boehner now, especially after this, has to appear strong to his conference. they are going to ask for an exchange for every dollar the debt limit has raised for adjoining spending cut, not to mention, joanne, they know some concessions democrats are willing to make, medicare entry rates, changing social security. they are not going to raise this for the sake of raising it. they are going to want something in return, something big they can show
, but the world economy, and house republicans are very much aware of this. i spoke to a number of house republicans who are very close to leadership and they kept reiterating they shed too much blood on this tax hike, but they are preparing their powder for this debt limit. the idea president obama is not going to negotiate over it, i think, is going to be very difficult, because house republicans see this as their trump card. they are willing to bring the president, bring the economy as close...
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Dec 31, 2012
12/12
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and by the way, historically, that's not how we grow an economy. we grow an economy when folks in the middle, folks who are striving to get in the middle class, when they do well. >> but i'm asking you about time frame. as you well know, about to begin your second term, your political capital, even having just won re-election, is limited. so what is your single priority of your second term? what is the equivalent to health care? >> well, there are a couple of things that we need to get done. i've said that fixing our broken immigration system is a top priority. i will introduce legislation in the first year to get that done. i think we have talked about it long enough. we know how we can fix it. we can do it in a comprehensive way that the american people support. that's something we should get done. the second thing that we've got to do is to stabilize the economy and make sure it's growing. part of that is deficit reduction. part of it is also making sure that we're investing, for example, in rebuilding our infrastructure, which is broken. if we
and by the way, historically, that's not how we grow an economy. we grow an economy when folks in the middle, folks who are striving to get in the middle class, when they do well. >> but i'm asking you about time frame. as you well know, about to begin your second term, your political capital, even having just won re-election, is limited. so what is your single priority of your second term? what is the equivalent to health care? >> well, there are a couple of things that we need to...
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Dec 30, 2012
12/12
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that would hurt our economy badly. we can get that done. democrats and republicans both say they don't want taxes to go up on middle class families. that's something we all agree on. if we can get that done, that takes a big bite out of the fiscal cliff. it avoids the worst outcomes. and we're then going to have some tough negotiations in terms of how we continue to reduce the deficit, grow the economy and create jobs. >> if the fight comes back -- i want to ask you specifically about entitlements, medicare and social security, are you prepared in the first year of your second term, to significantly reform those two programs, to go beyond the cuts you've suggested to benefits in medicare, which your own debt commission suggested you'd have to do if you were really going to shore up medicare at least. are you prepared to do that in your first year of the second term? >> what i've said is i'm prepared to do everything i can to make sure that medicare and social security are there not just for this generation but for future generations. >> you
that would hurt our economy badly. we can get that done. democrats and republicans both say they don't want taxes to go up on middle class families. that's something we all agree on. if we can get that done, that takes a big bite out of the fiscal cliff. it avoids the worst outcomes. and we're then going to have some tough negotiations in terms of how we continue to reduce the deficit, grow the economy and create jobs. >> if the fight comes back -- i want to ask you specifically about...
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Jan 2, 2013
01/13
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that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward that, it is possible if we focus not on our politics but what's -- but on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bit less brinksmanship, not scare the heck out of folks quite as much. we can come together as democrats and republicans to cucut spending and raise revenue in a way that reduces our deficit, protects the middle class and provides ladders into the middle class for everybody who is willing to work hard. we can set this will debate or at the very least into the allow it to be so all consuming all the time that it stops us from meeting a host of other challenges that we face, creating jobs, boosting incomes, fixing our infrastructure, fixing our immigration system, protecting our planet from the harmful effects of climate chan
that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward that, it is possible if we focus not on our politics but what's -- but on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bit less brinksmanship, not scare the heck out of folks quite as much. we...
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Dec 27, 2012
12/12
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would it hurt the real economy before we get a deal? or would the prospect of pain create such pressure, would congress change course before we feel it. the strategy of the folks who want to go over the cliff. the theory that is behind that idea is that going over will create so much political pressure, so much political pain that we'll quickly get a deal because congressmen won't want to stand before that amount of political anger. it will happen before it causes much real damage to the economy, we won't go over for long, it will be a week or two. that's where these plans to blunt the impact could have a very unintended consequence, though. if they work well enough, they take away the pressure that's supposed to force a quick deal. that would drag this whole thing out, meaning more damage gets done to the economy in total. government agencies have been sending out memos like this one, they reassured staffers their jobs will not be in danger next week if we go over the cliff. it seems the agencies are preparing for a short run in which
would it hurt the real economy before we get a deal? or would the prospect of pain create such pressure, would congress change course before we feel it. the strategy of the folks who want to go over the cliff. the theory that is behind that idea is that going over will create so much political pressure, so much political pain that we'll quickly get a deal because congressmen won't want to stand before that amount of political anger. it will happen before it causes much real damage to the...
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Dec 30, 2012
12/12
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>> the economy is going to continue to turn around. not going to be a boon but it will continue to grow some what slowly in the first half of the year and start to pick up and housing a key part of that. >> chris: do you think congress and the continued perils of falling cliffs is that going to hurt the economy? >> it would be much more helpful if there was more certainty and the stock market wasn't constantly fluctuating over wondering what our congress going to do. >> chris: finally and this is an area a where we all have strong opinions if not not much that could be said about the first three categories. sports. bill? i know what you will say. you you could still revise this. >> looking forward to the redskins cowboys game tonight. are you going? >> chris: yes. >> you are bigger redskins fan than i am. i love rg 3 but being kind of the pessimist i am i expect them to dash my hopes and lose cowboys tonight and after the fantastic run the redskins will fall short of the playoffs. >> chris: this is dangerous because usually predictions
>> the economy is going to continue to turn around. not going to be a boon but it will continue to grow some what slowly in the first half of the year and start to pick up and housing a key part of that. >> chris: do you think congress and the continued perils of falling cliffs is that going to hurt the economy? >> it would be much more helpful if there was more certainty and the stock market wasn't constantly fluctuating over wondering what our congress going to do. >>...
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Jan 2, 2013
01/13
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this is not helpful to the economy, and it will hurt the economy. remember obama is not just raising taxes on the rich right now. we're about to enter a decade where a trillion dollars is going to be taken away from the american people in higher taxes to pay for obama-care. this was passed only by democrats. it is entirely a democrat tax increase. and it includes many taxes that directly hit middle income and lower income people. so obama's tax increase is not just the top tax rates. it's people -- if you have bad health problems and you spend more than 7.5% of your adjusted gross income on out of pocket health costs, you used to be able to deduct anything above that. thanks to obama's law, obama-care, that's now 10%. so $2 million to $3 million will be taken out of people average income $53,000 a year, who are lower income, middle income and sick. they're going to be paying taxes for obama-care. there's an avalanche of obama tax increases coming next year. >> i just want to point out, grover norquist, though, having said all that and everything you
this is not helpful to the economy, and it will hurt the economy. remember obama is not just raising taxes on the rich right now. we're about to enter a decade where a trillion dollars is going to be taken away from the american people in higher taxes to pay for obama-care. this was passed only by democrats. it is entirely a democrat tax increase. and it includes many taxes that directly hit middle income and lower income people. so obama's tax increase is not just the top tax rates. it's...
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Jan 2, 2013
01/13
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CNNW
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that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward that, it is possible if we focus not on our politics but what's -- but on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bit less brinksmanship, not scare the heck out of folks quite as much. we can come together as democrats and republicans to cut spending and raise revenue in a way that reduces our deficit, protects the middle class and provides ladders into the middle class for everybody who is willing to work hard. we can set this will debate or at the very least into the allow it to be so all consuming all the time that it stops us from meeting a host of other challenges that we face, creating jobs, boosting incomes, fixing our infrastructure, fixing our immigration system, protecting our planet from the harmful effects of climate change
that's how our economy works best. that's hough we grow. the sum total of all the budget agreements we've reached so far proves that there is a path forward that, it is possible if we focus not on our politics but what's -- but on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little bit less brinksmanship, not scare the heck out of folks quite as much. we...
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Jan 1, 2013
01/13
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greece is the 32nd largest economy in the world. the u.s. is the largest economy in the world. our gdp per capita is the eighth in the world. greece is the 32nd or something like that. everything we have is bigger than greece. the idea we will be like greece is just entirely incorrect. greece can't issue its own bonds, the u.s. can. the u.s. can borrow money at a rate of about 1.7% for ten years. he has a lot of points and a lot of it is just differences in ideology and belief, and that's okay, but those facts are very misleading. i hope he would stop saying that and others would stop saying that. the united states cannot be compared to greece on 99% of the levels other than the fact we're human beings and eat food. >> good point, ali. stand by, we have a lot more to worry about as far as the fiscal cliff is concerned. we're faollowing the other breaking news concerning the secretary of state. >> out of the senate, another scathing report today on the deadly attack in benghazi, libya. mary snow is back with that. >> wolf, the new report says terrorists walked right into the con
greece is the 32nd largest economy in the world. the u.s. is the largest economy in the world. our gdp per capita is the eighth in the world. greece is the 32nd or something like that. everything we have is bigger than greece. the idea we will be like greece is just entirely incorrect. greece can't issue its own bonds, the u.s. can. the u.s. can borrow money at a rate of about 1.7% for ten years. he has a lot of points and a lot of it is just differences in ideology and belief, and that's okay,...
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Dec 28, 2012
12/12
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, the economy, and the economy. >> how -- i think part of the sad reality is there will continue to be gun violence between now and the time that any legislation is proposed, but how do we keep the pressure on, and again i think this question of getting something meaningful done because as dana pointed out, we know the nra isn't stopping. they are knocking on doors and making phone calls. how do we make sure something doesn't get watered down in the enand we get something meaningful? >> the key thing is to remember that the president has the bully pulpit and there are 535 people on capitol hill who can do something by sending a bill to the president that he can sign into law, but none of that is going to happen unless the anger that was there in the immediate hours and days of sandy hook, unless that continues to boil and that folks, you know, from their lrms, at their computers, on the phone burning up the phone lines on capitol hill to make it clear that the american people haven't forgotten, the american people are still mourning, still angry about what happened to the slaughter of
, the economy, and the economy. >> how -- i think part of the sad reality is there will continue to be gun violence between now and the time that any legislation is proposed, but how do we keep the pressure on, and again i think this question of getting something meaningful done because as dana pointed out, we know the nra isn't stopping. they are knocking on doors and making phone calls. how do we make sure something doesn't get watered down in the enand we get something meaningful?...
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Dec 31, 2012
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. >> well, it is calamitous for the economy in the long term. i think in the short term, it gives a real blow to consumer confidence. and we saw after the debt ceiling showdown last year that that can be really damaging to the economy, even if congress does wrap up in the new year and turn around and pass something retroactively. >> okay, so, we have, and we're going to look at how we got here, but we have a lot of people who are coming on the set or coming on the show and just shaking their head with washington. they just can't -- it's like this -- it's stupid! it's completely stupid that we're sitting here talking about a deal that's not going to happen or a deal that could be withered down into something that puts off a deal, that just holds things off, because wasn't the deadline to actually avoid doing just that? wasn't it? >> sure. >> it all started about a decade ago with the $1.5 trillion bush tax cuts. republicans wanted to make them permanent, but a 2006 bill gave the cuts an expiration date. they were supposed to expire. the cuts were
. >> well, it is calamitous for the economy in the long term. i think in the short term, it gives a real blow to consumer confidence. and we saw after the debt ceiling showdown last year that that can be really damaging to the economy, even if congress does wrap up in the new year and turn around and pass something retroactively. >> okay, so, we have, and we're going to look at how we got here, but we have a lot of people who are coming on the set or coming on the show and just...